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Investing.com– Most Asian currencies moved little on Friday and were nursing losses for the week, while the dollar steadied at a one-year peak and was set for a strong week as markets dialed back bets on lower U.S. interest rates.  The dollar was headed for a sixth straight week of gains as it extended its […]

LONDON (Reuters) – The pound headed for its biggest weekly loss since January on Friday, under pressure from weak UK economic data and a surging dollar that is getting a lift from investors’ conviction that Donald Trump’s policies will drive up U.S. growth and inflation. Britain’s economy contracted unexpectedly in September and growth slowed to

NEW YORK/LONDON (Reuters) -The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future interest rate cuts and with the view that President-elect Donald Trump’s policies could be inflationary. The dollar has benefited from market expectation that Trump administration policies, including tariffs and tax

Investing.com – The U.S. dollar slips slightly from the recently reached one-year high at the start of a week that is light on major economic data but includes comments from a series of Fed speakers.  At 04:50 ET (09:50 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded

Here’s the English summary: The US dollar is evolving into its “strongest of the year” form, overshadowing currencies in China, Japan, and South Korea. While the ICE Dollar Index (DXY), which measures the USD against a basket of six major currencies, has not yet reached its year-high of 106.52 (currently around 105.54), the Bloomberg Dollar

According to media reports, the United States is encouraging countries like the UK to shorten the settlement time for currency transactions to align with the “T+1” settlement era led by US stocks. On Thursday (June 20), local time, Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), participated online in the “UK Accelerated

Since March, Mexico has witnessed at least 125 deaths due to extreme heat, with thousands more suffering from heatstroke. On June 13th, temperatures in Mexico soared close to 52 degrees Celsius, marking the highest ever recorded in the country. Simultaneously, the United States has been grappling with scorching heat, as expansive high-pressure systems persist over

According to reports, the new AI model, Claude 3.5 Sonnet, surpasses its predecessors with enhanced capabilities in understanding complex instructions and interpreting visual data such as charts and graphs. It also exhibits improved humor capabilities. Notably, the app processing speed of Claude 3.5 Sonnet is twice that of its predecessor, Claude 3 Opus, while costing

A leading renewable energy company from the United Arab Emirates (UAE) is set to significantly expand its footprint in the industry through a major acquisition. The UAE giant has announced its plan to acquire a Greek renewable energy company for €3.2 billion. This strategic move highlights the UAE firm’s aggressive approach to growth and consolidation

**China Finance Online, June 21st (Editor: Xiaoxiang)** – Despite multiple financial reforms by the South Korean government this year, including improving corporate governance and extending Korean Won trading hours, the country’s unexpected reinstatement of the short-selling ban last year by regulatory agencies has dissatisfied many foreign investors. Consequently, South Korea’s long-pursued goal of being included